Business news

Business

EU regulator to clear Boeing 737 MAX flights next week

The European Union Aviation Safety Agency (EASA) plans to clear the Boeing 737 MAX to fly again next week, 22 months after the plane was grounded following two fatal crashes.

Business

US urges Australia to abandon news payment plan for tech giants

The United States has urged Australia to abandon its plan to force Google and Facebook to pay media outlets for their news content, saying there could be "long-lasting negative consequences" for consumers and companies.

Business

Eurostar urges state support as virus wipes out train traffic

Eurostar, whose train services through the Channel Tunnel have been decimated by the coronavirus pandemic, has called on the UK government to provide it with the same financial support handed to grounded airlines over concerns ...

Business

Deliveroo targets $7 billion valuation for IPO

British meals delivery company Deliveroo, boosted by demand during the coronavirus pandemic, said Sunday it was targeting a stock market listing after a fundraising round valued the company at more than $7.0 billion.

Business

Deaths, self-immolation draw scrutiny on China tech giants

E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest.

Business

US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China

The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. and China's third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump's last week in office.

Business

Google muscles up with Fitbit deal amid antitrust concerns

Google has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit, a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining ...

Internet

WhatsApp growth slumps as rivals Signal, Telegram rise

Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Google's app stores. Facebook-owned WhatsApp, by contrast, is seeing its growth decline following a fiasco that forced the company ...

Business

Brexit adds to airline virus woes in Britain

Already grounded by the coronavirus pandemic, airlines operating in the UK are facing post-Brexit obstacles to flying across the European Union, and their shareholders are paying the price.

Business

Norwegian Air to end long-haul flights, focus on Europe

Low-cost carrier Norwegian Air Shuttle said Thursday it will focus on European destinations and close its long-haul operations as it struggles with the fallout of the coronavirus pandemic and debt restructuring.